A Special CBI Court at Rouse Avenue has temporarily suspended the Look Out Circular (LOC) issued by the Enforcement Directorate against businessman and witness Amit Dangi, permitting him to travel to the United Arab Emirates between September 9 and September 13, 2026.

The order was passed on September 5 by Special Judge Vishal Pahuja in Enforcement Directorate v. Reliance Home Finance Ltd. & Ors., on an application filed by Dangi seeking temporary suspension of the LOC.

The development assumes significance as the proceedings relate to the ED’s prosecution concerning alleged money laundering involving Reliance Home Finance Ltd. (RHFL) and Reliance Commercial Finance Ltd. (RCFL).

Dangi Says He Is Neither Accused In CBI FIRs Nor ED Case

Dangi’s lawyers made a significant submission before the court: he is neither named as an accused in the predicate CBI FIRs nor in the money-laundering offence for which the ED has initiated prosecution concerning RCFL and RHFL.

His counsel also argued that Dangi has strong roots in India, has lived in Mumbai with his family for several decades and runs his business from Mumbai.

Dangi sought permission to visit the UAE for business meetings and engagements from September 9 to September 13. His counsel told the court that he was scheduled to meet investors and that no other representative could substitute for him at those meetings.

ED Says It Has No Objection, Subject To Conditions

Significantly, the Enforcement Directorate did not oppose the temporary suspension of the LOC, provided conditions mentioned in a counter-affidavit filed by ED Assistant Director Neeraj Kumar Yadav before the Delhi High Court were imposed.

Senior Advocate Zoheb Hossain, appearing for the ED through video conferencing, conveyed the agency’s no-objection.

Senior Advocate Madhav Khurana appeared for Dangi along with advocates Himanshu Satija, Amit Badesra and Lakshay Sahrawat. The ED was also represented by SPP Simon Benjamin and advocates Pranjal Tripathi and Kanika Meena.

LOC Suspended For Five Days

Taking note of the ED’s stand, the court ordered that the LOC against Dangi remain suspended/stayed from September 9 to September 13, 2026.

The permission, however, comes with several safeguards. Dangi must continue cooperating with the investigation, provide documents within his possession or control when sought, disclose his complete travel itinerary and remain accessible to investigators while abroad.

He cannot materially alter his itinerary without prior intimation and must return to India within the permitted period. The order specifically records that he will not seek an extension of his stay abroad.

The court has further directed Dangi to furnish an FDR of ₹5 lakh along with a surety bond for an equivalent amount. Violation of the stipulated conditions could result in forfeiture of the security.

The ED has been directed to separately intimate the Bureau of Immigration so that necessary steps can be taken for suspension of the LOC.

Challenge To LOC Pending Before Delhi High Court

Dangi has separately challenged the issuance of the LOC before the Delhi High Court in W.P.(Crl.) 2603/2026, which, according to the Special Court’s order, is listed for arguments on September 28.

The temporary travel permission does not decide that challenge to the validity of the LOC, which remains pending before the High Court.

Allowing the application, Special Judge Vishal Pahuja held that Dangi could travel to the UAE during the stipulated period and that the LOC would remain suspended/stayed during that time.